Identifying the optimal strategy for suppliers’ involvement in product design: A case study
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Ημερομηνία
2014-05
Τίτλος Εφημερίδας
Περιοδικό ISSN
Τίτλος τόμου
Εκδότης
Δικαιώματα
Attribution-NonCommercial-NoDerivatives 4.0 Διεθνές
Άδειες
Παραπομπή
Παραπομπή
Περίληψη
In order to increase efficiency and improve competitiveness, manufacturers around the globe are focusing on
developing their core businesses. On the other hand, standard activities of engineering are optimally accomplished outside the
borders of the firm; thus outsourcing of non-core businesses has become lately a common practice. Product design is
considered as one of the most important phases in a product’s life cycle, since the majority of most critical decisions in terms of
products’ overall performance are considered during the Research & Development (R&D) phase. Involving suppliers in a
firm’s R&D offers significant benefits in various directions, such as feasibility, practicability, sustainability, competitiveness
and innovativeness. However, selecting the optimal outsourcing strategy is not an easy decision. On the contrary, it is most
challenging since it encompasses a number of different and in many cases mutually conflicting criteria. This paper presents a
methodological approach for the selection of the optimal outsourcing strategy for a manufacturer’s R&D. The methodology is
based on outranking multicriteria methods and more specifically ELECTRE III. The approach is illustrated and validated
through a real world case study of a Greek olive oil producer.